Itaconix – “new global agreement with Croda”, but how new and how significant?
By Steve Moore | Monday 5 September 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Describing itself as “a leading innovator in plant-based specialty polymers used as essential ingredients in everyday consumer products”, Itaconix (ITX) states that it “is pleased to announce a new global agreement with Croda Inc. in odour control”. What of a share price response currently over 5% higher to 5.10p?
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